Payconiq is a fintech active in Benelux. With the support of major European banks, Payconiq streamlines mobile payments through an open-API approach and omni-channel solutions for merchants and consumers. Integrations in bank apps and partnerships with international acquirers give Payconiq access to a large customer base.
Business model
Geographical presence
Belgium, Luxembourg, Netherlands
Main client industries
Banking, Payments, Retail
Service provider type
Payment service provider, acquirer, processor, issuer, payment method and scheme
PAYMENT TYPE
Debit card
No
Online Banking enabled Payment
Yes
E-wallet
After payment
N/A
Escrow
Prepaid
OTHER CHANNELS
Offline
Mobile
Online to offline
SERVICES
Unique selling points
Paiconiq is building an inclusive ecosystem, offering banks a scalable platform based on their SCT infrastructure, with an open-API approach, while enabling merchants to benefit from secure, plug & play platform for simple onboarding and integration. Consumers experience a seamless and secure omnichannel payment service (online, in-store, invoice, P2P), while using in the company's standalone apps, or in mobile banking apps.
Core services
Mobile payments, P2P, P2M
Multi-currency/Dynamic currency conversion
EUR
Chargeback/Refund options
Buyer protection policy
Pricing
Fraud prevention (measures)/Risk management
KYT, AML checks
Fraud prevention partners
LexisNexus, Onfido
Acceptation criteria (sign-up process)
Consumer (IBAN and email address verification), Merchant (Registration number, ID and IBAN verification)
Other services
Bulking, Merchant portal, Loyalty, and other value-added services
Future developments
TECHNOLOGY
Integration technology
Integration support
TRANSACTIONS VOLUME
Number of transactions (per year)
Transactions value